Daily News

07 Jul 15 @ 14:16

The Australian Prudential Regulation Authority (APRA) has released an information paper on prudential considerations and key principles in relation to outsourcing involving shared computing services, including the cloud. The information paper... read more

07 Jul 15 @ 14:05

Lloyds Bank trials are exploring how the use of Near Field Communication (NFC) and contactless technology can improve the registration process for those setting up mobile banking. The ‘tap to... read more

07 Jul 15 @ 13:54

The card networks, Visa and MasterCard have grown significantly and altered their market approaches since their initial public offerings (Visa in 2008, MasterCard in 2006). While market headwinds, including the... read more

07 Jul 15 @ 10:19

Barclays has signed a deal with the digital payments service Zapp, enabling customers to make online transactions through the “pay by bank” application on mobile devices. The tie-up comes a... read more

07 Jul 15 @ 08:49

Wirecard Group has announced a partnership with MyOrder (a Rabobank Company) for the issuance of contactless mobile cards based on HCE (host card emulation) technology. MyOrder is a mCommerce platform... read more

06 Jul 15 @ 15:58

The latest data from Visa Europe shows that uptake of contactless payments in Europe continues to climb with over 1 billion transactions made in the last 12 months.  Figures also show... read more

06 Jul 15 @ 15:43

Mastercard says it is testing a smartphone app that uses facial biometrics to verify online purchases. Users in the trial can hold their phone up as though taking a selfie to... read more

06 Jul 15 @ 14:55

Investment into the UK’s technology sector has hit a record high of nearly $1.5bn during the first six months of this year, with London-based fintech at the forefront. The figures, released by... read more

02 Jul 15 @ 18:24

The humble current account has become the most targeted financial product by fraudsters, due to a loophole in the UK’s seven-day switching service. At least 89 in every 10,000 applications for... read more

02 Jul 15 @ 18:20

PayPal is spending $890m of its $6bn war chest on a deal to buy Xoom, a money transfer company, ahead of its split with parent company Ebay later this month.... read more

02 Jul 15 @ 18:09

The financial services industry must set aside competition and collaborate on biometrics to ensure consistent, easy and convenient services for end users. These are the findings of a survey published... read more

02 Jul 15 @ 18:00

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your... read more